Arkolith/Funds/Lakewood Capital Management, LP

Lakewood Capital Management, LP

CIK 1424381Hedge fund
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

Lakewood Capital Management, LP holds a diversified book of 62 stocks worth $1.6B as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Microsoft Corp and trimmed Brunswick Corp. Their largest long position is The Cigna Group at 7% of the equity book. They also disclosed $13.6M in put options (a bearish bet) and $11.7M in call options (bullish), shown separately below and excluded from the equity book.

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Use Arkolith to show LAKEWOOD CAPITAL MANAGEMENT, LP's latest
holdings, largest changes, and filing provenance.
Opened
17
new positions
Added to
22
existing
Trimmed
15
reduced
Sold out
8
exited

Concentration

Top-heavy: diversified book

Top 5 holdings
26%
Top 10 holdings
43%
Top 20 holdings
66%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

98% mapped to company sectors

Health Care
25%
Financials
20%
Industrials
17%
Consumer Discretionary
13%
Information Technology
12%
Materials
10%
ETF / fund or unclassified
2%
Communication Services
1%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

62 positions
#SecurityValueShares% PortLast moveHistory
1The Cigna Group
COM
$113.7M426.3K
7.3%
+5.2%
Added · +21K sh
2Icon PLC
SHS
$82.7M747.7K
5.3%
+125%
Added · +415K sh
3Axalta Coating Sys Ltd
COM
$80.2M2.90M
5.2%
+50%
Added · +966K sh
4Group 1 Automotive Inc
COM
$70.4M213.1K
4.5%
+91%
Added · +102K sh
5Ally Finl Inc
COM
$64.8M1.65M
4.2%
+59%
Added · +616K sh
6SS&C Tech Hldgs
COM
$64.0M947.0K
4.1%
+16%
Added · +128K sh
7Sotera Health Co
COM
$58.9M4.10M
3.8%
+21%
Added · +705K sh
8Viatris Inc
COM
$49.6M3.67M
3.2%
+118%
Added · +2.0M sh
9Amrize Ltd
SHS
$45.6M814.2K
2.9%
+16%
Added · +115K sh
10Brunswick Corp
COM
$42.7M587.5K
2.7%
−25%
Reduced · −191K sh
11Meta Platforms Inc
CL A
$40.5M70.9K
2.6%
+28%
Added · +15K sh
12TFS Finl Corp
COM
$39.8M2.84M
2.6%
+3.1%
Added · +85K sh
13Iqvia Hldgs Inc
COM
$39.6M232.4K
2.5%
+48%
Added · +75K sh
14First Amern Finl Corp
COM
$38.8M643.9K
2.5%
−25%
Reduced · −210K sh
15Arrow Electrs Inc
COM
$36.6M255.4K
2.4%
−51%
Reduced · −268K sh
16Microsoft Corp
COM
$35.7M96.5K
2.3%
New
New position
17Union Pac Corp
COM
$33.2M136.7K
2.1%
−13%
Reduced · −21K sh
18Elevance Health Inc Formerly
COM
$32.9M112.3K
2.1%
−7.8%
Reduced · −10K sh
19Air Lease Corp
CL A
$31.6M485.9K
2.0%
Held
20Wex Inc
COM
$30.8M201.0K
2.0%
−12%
Reduced · −27K sh
21CDW Corp
COM
$30.4M251.0K
2.0%
New
New position
22United Nat Foods Inc
COM
$29.5M655.0K
1.9%
+19%
Added · +105K sh
23Smurfit Westrock PLC
SHS
$26.9M675.9K
1.7%
−43%
Reduced · −509K sh
24Jd.com Inc
SPON ADS CL A
$26.7M904.0K
1.7%
+41%
Added · +265K sh
25Asbury Automotive Group Inc
COM
$26.5M135.6K
1.7%
+27%
Added · +29K sh
26Apollo Global Mgmt Inc
COM
$25.0M224.2K
1.6%
+48%
Added · +73K sh
27Booking Holdings Inc
COM
$23.6M5.6K
1.5%
New
New position
28Mastercard Incorporated
CL A
$21.8M43.7K
1.4%
New
New position
29Visa Inc
COM CL A
$21.6M71.6K
1.4%
New
New position
30Coupang Inc
CL A
$19.6M1.04M
1.3%
New
New position
31Schein Henry Inc
COM
$19.3M262.0K
1.2%
−14%
Reduced · −43K sh
32Remitly Global Inc
COM
$18.8M1.20M
1.2%
+7.1%
Added · +80K sh
33S&P Global Inc
COM
$18.6M43.8K
1.2%
New
New position
34Alphabet Inc
CAP STK CL A
$16.6M57.6K
1.1%
+16%
Added · +8K sh
35Global PMTS Inc
COM
$16.4M244.3K
1.1%
Held
36Kemper Corp
COM
$15.3M501.1K
1.0%
−27%
Reduced · −190K sh
37Beazer Homes USA Inc
COM NEW
$15.0M777.5K
1.0%
+11%
Added · +77K sh
38Comcast Corp New
CL A
$14.4M500.7K
0.9%
−17%
Reduced · −100K sh
39Nice Ltd
SPONSORED ADR
$12.9M116.8K
0.8%
−23%
Reduced · −35K sh
40Charles Riv Labs Intl Inc
COM
$11.9M69.0K
0.8%
−51%
Reduced · −71K sh
41Ishares Bitcoin Trust ETF
SHS BEN INT
$11.4M296.5K
0.7%
−26%
Reduced · −102K sh
42Stride Inc
COM
$7.9M90.0K
0.5%
New
New position
43Draftkings Inc New
COM CL A
$7.9M364.5K
0.5%
+121%
Added · +200K sh
44Leggett & Platt Inc
COM
$7.7M780.0K
0.5%
New
New position
45Teleflex Incorporated
COM
$7.7M64.0K
0.5%
New
New position
46Citigroup Inc
COM NEW
$7.3M64.3K
0.5%
−84%
Reduced · −350K sh
47Grayscale Bitcoin Trust ETF
SHS REP COM UT
$6.5M123.5K
0.4%
Held
48Dell Technologies Inc
CL C
$5.9M35.8K
0.4%
New
New position
49Taboola.com Ltd
ORD SHS
$5.9M1.89M
0.4%
Held
50Emcor Group Inc
COM
$5.2M7.0K
0.3%
Held
Showing 50 of 62 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$13.6M
Call notional (bullish)$11.7M
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishCOMFORT SYSTEMS USA INCFIX$11.0M8K
CALL · bullishNICE LTD - SPON ADRNICE$6.0M54K
CALL · bullishSNAP INC - ASNAP$5.8M1.3M
PUT · bearishIONQ INCIONQ$1.4M50K
PUT · bearishQUANTUMSCAPE CORPQS$766K120K
PUT · bearishD-WAVE QUANTUM INCQBTS$289K20K
PUT · bearishQUANTUM COMPUTING INCQUBT$103K15K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 15, 202669$1.6B13F-HR
Q4 2025Dec 31, 2025Feb 17, 202663$1.5B13F-HR
Q3 2025Sep 30, 2025Nov 14, 202556$1.3B13F-HR
Q2 2025Jun 30, 2025Aug 14, 202549$1.3B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.